Marine Products CorpMPX
Market Cap: $329M
About: Marine Products Corp is a manufacturer of fiberglass motorized boats distributed and marketed through its independent dealer network. The company's only operating segment is Powerboat Manufacturing Business. It operates in the Powerboat Manufacturing business segment through Nashville, Georgia, Valdosta, and Georgia. Its product offerings include Chaparral sterndrive, outboard pleasure boats and Robalo outboard sport fishing boats. The company offers its products to the family recreational markets through its Chaparral brand and to the sportfishing market through its Robalo brand.
Employees: 690
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
57% more call options, than puts
Call options by funds: $237K | Put options by funds: $151K
4% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 23
1.09% less ownership
Funds ownership: 15.22% [Q1] → 14.13% (-1.09%) [Q2]
3% less funds holding
Funds holding: 69 [Q1] → 67 (-2) [Q2]
20% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 10
20% less capital invested
Capital invested by funds: $62M [Q1] → $49.5M (-$12.6M) [Q2]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
DA Davidson Brandon Rolle 44% 1-year accuracy 4 / 9 met price target | 16%downside $8 | Neutral Maintained | 12 Aug 2024 |